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Mercadia Holland buys miniMAX store chain

Mercadia Holland BV Group purchased the commercial company miniMAX Discount SRL, the operator of the store chain with the same name, following a transaction concluded on August 13, Mercadia informs.

'Mercadia Group is already active on the retail market in Romania since the spring this year through MIC.RO store chain. MiniMAX acquisition is part of the development strategy of the group on this market', stressed Dan Ionescu, CEO Mercadia Holland BV.

MiniMAX Discount is a Romanian company set up in 2003 in the aim to develop a discounter type store chain of medium dimensions in the cities and towns in Romania.

MiniMAX chain numbers at present 31 discounter type stores in localities with over 10,000 inhabitants all over the country: Arad, Avrig, Braila, Buzau, Calan, Calarasi, Campulung Muscel, Cernavoda, Cisnadie, Hunedoara, Mangalia, Oltenita, Oravita, Pascani, Pucioasa, Ramnicu Sarat, Rasnov, Sinaia, Slatina (2), Stefanesti, Targoviste, Titu, Tulcea, Turnu Magurele, Urziceni, Vaslui, Victoria and Vulcan. The management plans to open more than 100 such stores in the final phase.

Previous shareholders of miniMAX Discount were Austrian group Real4You together with Rainer Exel and Andreas Kampf.

Mercadia Holland BV Group holds majority packages in the following companies: MIC.RO, Retail, BET CAFE ARENA and iLearn.

Sursa: http://www.agerpres.ro

Tags: minimax chain mercadia group store holland bet

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